An example of non discretionary policy making is

A) a rule under which the Fed targets the inflation rate.
B) expansionary fiscal policy.
C) changes in the interest rate initiated by the Fed.
D) a Congressional tax-rate cut aimed at boosting real GDP.

Ans: A) a rule under which the Fed targets the inflation rate.

Economics

You might also like to view...

Economists would predict that if salaries increased for engineers and decreased for MBAs, fewer people than before would go to graduate school in business and more than before would go in engineering, ceteris paribus

a. True b. False Indicate whether the statement is true or false

Economics

Which panel of Figure 3.3 represents the changes in the market for textbooks when the cost of paper decreases and the government increases the number of student loans it grants?

A. A. B. B. C. C. D. D.

Economics